
Can an executor be a beneficiary? What’s the estate planning lawyer say in it?
More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed
More time may be required than most people realize to fulfill the duties of a will executor. In addition to ensuring that assets are distributed
A large inheritance can be both a blessing and a burden because the money may come in handy in the future and because the recipient
Early estate planning is a proactive step one has to take. The step is to lessen the burden the loved ones will experience when handling
Introduction The Discovery of new assets during or after the entire probate process can have a great impact on the estate’s tax liability. It also
Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the
Introduction Multiple wills may have been drafted and changed by your loved one. At the same time, they were still living in response to significant
Introduction Usually, a question wanders around the mind of almost all families who recently lost their close one “Does the probate attorney or executor have
Here is a few best way to leave an inheritance strategy to take into account, along with some considerations you should make as you decide
After getting married one of the most important legal decisions that a couple takes is of estate planning. Estate planning is a way of ensuring
Trusts are legal entities that will assume ownership of or own some assets after a specific triggering event. However, who has the right to be
A probate lawyer or an estate administration attorney usually helps in wrapping up the estate of that person who has lost his life. You’ll get
An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. Who’ll
In a trust, the trustor, or first party, gives the trustee the power to hold title to assets for the benefit of the beneficiary, or
When you live in NYC, and if you die without leaving a will, things can actually get complicated for your family members. Before you die
There is a widespread misunderstanding regarding wills, estate handling, and the probate procedure. Many individuals believe that a will must always go through the probate
Planning and structuring one’s assets go a long way in providing the mental satisfaction of its possessor and their loved ones. To add to the
Think about how helpless it would feel to be unable to make your own decisions, especially if you didn’t prepare for the worst-case scenario. In
The goal of an estate planning attorney is to develop a personalized strategy that will enable you to efficiently pass your assets, including money and
Introduction: The probate litigation procedure offers information, counsel, and legal representation when contesting a will or trust. For example, contesting a will or trust that
An Estate of a person includes everything he owns. From one’s home to vehicles, bank accounts, insurance, financial investments, properties, and other personal belongings. So,
There is no life expiration of the valid wills. But then, what happens when the probate attorney discovers the Will after the probate? Then, the
Probate, if required, starts as soon as a loved one passes away. If the deceased had a will, the estate must go through probate, which
After a person passes away leaving behind great wealth, the unexpected gain of inheritance makes the beneficiaries financially more sound, which we all love to
Probate case is a legal procedure that the court supervises to gather a deceased person asset and distribute them to creditors and inheritors. The probate
What is trust? A trust is an estate planning tool that minimizes the estate and inheritance tax and saves your assets from probate; in a
Probate is the legal process necessary to deal with one’s property, assets, money, and any other last wish after death. Executors issue the probate of
When you have a lot of money, managing your finances cannot be easy. The more money you have, the more difficult it is to spend
After the death of a person, the probate court oversees the entire process of transferring his/her assets to the beneficiaries, which is known as probate.
Steps of the Probate Process There are four steps in the probate process. The first step is determining the validity of the Will. The second
An estate plan enables you to plan for what will happen after you pass away or if you become incapacitated and unable to care for